China National Day: Hong Kong leader hails Five-Year Plan as astronaut sends greetings
Chief Executive John Lee hailed the city’s first Five-Year Plan at a celebration on Thursday marking the 77th anniversary of the founding of the People’s Republic of China. Following a flag-raising ceremony at Golden Bauhinia Square, Lee told attendees at Wan Chai’s Hong Kong Convention and Exhibition Centre that China had achieved a historic transformation […]
On October 1, 2026, Hong Kong's Chief Executive, John Lee, commemorated the 77th anniversary of the founding of the People's Republic of China by hailing the city's inaugural Five-Year Plan. The plan was unveiled at a ceremony held in Wan Chai Exhibition Centre, following a flag-raising event in Golden Bauhinia Square. Lee emphasized that the Five-Year Plan serves as a strategic roadmap for Hong Kong, enabling the city to capitalize on its unique advantages under the "one country, two systems" framework and seize the benefits of national development.
He expressed confidence in Hong Kong's ability to prosper and thrive in the future, provided that all stakeholders collaborate effectively. The Five-Year Plan includes 22 indicators, both "anticipatory" and "binding," inspired by Beijing's evaluation framework. These encompass economic aspects, such as increasing the ratio of domestic innovation expenditure to GDP and bolstering the tourism sector, as well as non-economic goals like enhancing university diversity and environmental sustainability.
The plan also outlines objectives related to the Northern Metropolis tech hub, with specific targets for transforming border areas into a 30,000-hectare region.
Written by urgent.news from Hong Kong Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
